12 Nichols DrInmanSC29349
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Inman at 12 Nichols Dr, Inman, SC, 29349 uses $91,163 cash to close to unlock $4,572/yr annual cash flow and $381/mo monthly cash flow. Total monthly income runs $2,018/mo, and a $1,346/mo payment keeps the spread at $381/mo. Purchase price stands at $275,000, and rental yield measures 8.81% with $2,018/mo rent. Return on cash invested shows 24.92% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 129.42% and total cumulative return in cash records $117,983. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,018/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 1967
0.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29349, Inman, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,711 (100%) |
| Owner Occupied HU | 12,425 (79.1%) |
| Renter Occupied HU | 2,262 (14.4%) |
| Vacant Housing Units | 1,024 ( 6.5%) |
| Median Home Value | $281,759 |
| Average Home Value | $325,145 |
Housing Distribution
Address Breakdown
Residential
15,968
Single Family
15,967
Multi-Family
1
Businesses
714
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Listed by: Jim Keadle • KELLER WILLIAMS GREENVILLE CENTRAL
Mls Name: SAR
Mls Provider:
Mls ID: #323610
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.